# Tencent Music Entertainment Group (TME)

> Communication Services · CN · Reports in CNY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/TME/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | ¥ 32.01B | ¥ 10.75B | ¥ 7.84B | ¥ 3.82B | ¥ 80.34B |
| 2024 | ¥ 28.54B | ¥ 6.68B | ¥ 10.00B | ¥ 6.05B | ¥ 67.86B |
| 2023 | ¥ 27.91B | ¥ 4.95B | ¥ 7.21B | ¥ 6.05B | ¥ 55.91B |
| 2022 | ¥ 22.54B | ¥ 2.96B | ¥ 7.42B | ¥ 5.97B | ¥ 48.10B |
| 2021 | ¥ 31.89B | ¥ 3.09B | ¥ 4.02B | ¥ 5.36B | ¥ 50.32B |
| 2020 | ¥ 24.02B | ¥ 3.47B | ¥ 3.24B | ¥ 5.50B | ¥ 52.25B |
| 2019 | ¥ 26.41B | ¥ 4.13B | ¥ 6.31B | ¥ 21.10M | ¥ 6.26B |
| 2018 | ¥ 20.58B | ¥ 1.99B | ¥ 5.96B | ¥ 143.00M | ¥ 37.72B |
| 2017 | ¥ 12.13B | ¥ 1.46B | ¥ 2.68B | ¥ 0 | ¥ 26.14B |
| 2016 | ¥ 4.91B | ¥ 92.27M | ¥ 936.20M | ¥ 0 | ¥ 20.63B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.05 |
| Liabilities / Eq | 0.24 |
| Current Ratio | 2.22 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 0.96 |
| Gross Debt / FCF | 0.69 |

## Other views

- [Metrics](https://sponda.capital/en/TME.md)
- [Charts](https://sponda.capital/en/TME/charts.md)
- [Compare](https://sponda.capital/en/TME/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-23.